ARC - A relative game

In recent years there has been a trend among discretionary investment managers towards offering clients absolute return investment strategies, often with a cash-plus type benchmark. Such strategies appeal to private clients who, in general, wish to see their portfolios keep pace with equity markets during the good times and match cash during the downturns. But can managers succeed in delivering absolute returns when financial markets enter more difficult times? To investigate the performance of discretionary private client managers, it is possible to use the ARC Sterling Private Client In...